Nippon Signal Company, Limited (JP:6741) has released an update.
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Nippon Signal Co., Ltd. has reported a 17.6% increase in net sales for the three months ending June 30, 2024, compared to the same period the previous year, despite a decline in operating and ordinary profits. The company’s financial position remains robust with a capital adequacy ratio of 63.4%, up from 58.6% as of March 31, 2024. Looking ahead, Nippon Signal forecasts modest growth in net sales and operating profit for the fiscal year ending March 31, 2025.
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